By Manris - 20.03.2020
Flik and coinspark
Securities and Exchange Commission v. FLiK, CoinSpark, Ryan S. Felton, William Q. Sparks, Jr., Owen B. Smith, and Chance B. White, and Relief. SEC fines Rapper T.I. $75, over fraudulent FLiK, CoinSpark ICOs. The Atlanta recording artist formally known as Clifford Harris Jr. promoted.Tectonic Shift \
Felton, William Q. Sparks, Jr. Smith, and Chance B.
Brown, Dale W. Felton, flik and coinspark Jennifer Felton, No.
Aside from Felton, all of the individuals have agreed to settlements to resolve the charges against them. Instead, Felton allegedly misappropriated the funds raised flik and coinspark the ICOs. Felton allegedly used flik and coinspark funds he misappropriated and the proceeds of his manipulative trading to buy a Ferrari, a million-dollar home, flik and coinspark jewelry, and other luxury https://magazinshow.site/and/designing-and-deploying-microsoft-exchange-server-2016.html.
In a settled administrative order, the SEC finds that T. The complaint, filed in the U.
White and Smith are charged with violating Sections 5 a5 cand 17 b of the Securities Act. Sparks is charged with violating Sections 5 a and c of the Securities Act. Flik and coinspark complaint seeks injunctive flik and coinspark, disgorgement of ill-gotten gains, and civil monetary penalties, flik and coinspark well as an officer-and-director bar against Felton.
The proposed settlements are subject to court approval.
Three of Felton's family members and an LLC that he established were also named as relief flik and coinspark. The SEC's order against T.
The Ethereum ether and. Attorney's Office for the Northern District of Georgia brought criminal charges against Felton in a parallel action. Flik and coinspark SEC's Flik and coinspark of Investor Education and Advocacy has issued an Investor Bulletin that cautions investors to be wary of celebrity endorsements and to always independently research investment opportunities.
Rosado Desilets and David H. Tutor, and supervised by John O. Enright, David A. Becker, Ms.
The litigation will be led by Richard Hong. The SEC appreciates the assistance of the U.
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